Mark Shergill’s print empire is dipping its toes into wide format with the acquisition of small Sydney printer Whitehorse Digital and Printing.
Shergill says the owner approached him about a possible acquisition after he had put the 30-year-old business up for sale, and he jumped at the chance to add more services to Focus Print Group.
Whitehorse is Shergill’s seventh acquisition in two years and his second this year, after he bought out Rainbow Printing in February.
[Related: More mergers and acquisitions]
The deal includes an Agfa flatbed and other wide format digital printers which will move into Shergill’s Strathfield South factory to produce mostly signage and posters.
The former Whitehorse director and two other staff will join Focus to help run the new business segment and bring over a mix of trade and commercial clients.
General manager Susan Smart says Focus has until now produced only a small amount of wide format work outsourced to other printers and will now be able to expand this capacity and bring it in-house.
“With the majority of the industry believing that the wide format sector will continue to grow, this is another smart move from a guy who is a self-confessed opportunist and calculated risk taker,” she says.
Comment below to have your say on this story.
If you have a news story or tip-off, get in touch at [email protected]
Sign up to the Sprinter newsletter